WTW and Hymans Robertson have been appointed by Nest Pensions to help develop a new retirement income offering, raising the possibility it could launch a decumulation collective DC (CDC) plan. Nest says...
Isio Group Limited has signed an agreement to acquire K3 Advisory, the insurance and risk settlement specialist, subject to FCA regulatory approval. The acquisition will expand Isio’s risk settlement services. Isio has...
The FCA sprang a significant surprise on the pensions market with news that its bespoke British Steel Pension Scheme (BSPS) redress scheme launched in 2023, had offered no redress to 70 per...
We are weeks away from what could be one of the most momentous Budget statements for years. George Osborne’s bombshell 2014 Budget unleashed the pension freedom reforms – and transformed Britain’s personal...
Standard Life has named Andrew Davies as independent chair of its independent governance committee (IGC). He also holds the role of trustee director on the Standard Life Master Trust Company Board (SLMTC),...
Aegon has enhanced its 'member insights’ tool, offering three new features that are aimed to give consultants, trustees and employers a better overview of the pension scheme. This governance tool gives employers...
It has been reported that the Chancellor Rachel Reeves will cut the maximum tax-free cash that can be taken from DC plans to £100,000 in this month's Budget, in a bid to...
WTW urges employers to move beyond fixing the "broken" defined contribution (DC) pension system and instead proposes four alternative pension designs that could provide better retirement outcomes. Whole-life collective defined contribution (CDC),...
Actuarial number crunchers have calculated the exact amount of money you need for a happy retirement — and it is £1,700 a month. In order to deliver this income DC savers need...
The industry has welcomed the DWP's consultation on draft regulations for whole-life multi-employer collective defined contribution (CDC) schemes, highlighting their potential to improve pension outcomes for many workers while stressing the need...
